Cheryl Riley

Cheryl Riley

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$564,900

($57,103 down)
VA

16688 248th Street, Long Prairie, MN 56347

3
2
2,240 sqft
PITI Monthly
$3,626.09 /mo

Listing courtesy of: , ConnCrete Realty Solutions

Assumed Rate

6.79%
7.15%

Principal & Interest

$3,321 /mo
$3,445 /mo

What's Special

LOCATION
SPACIOUS
MODERN
CHARMING

Charming Shouse with Rustic Appeal on 11.06 Acres! Welcome to this stunning newly constructed shouse offering 3 bedrooms and 2 bathrooms, blending modern comfort with rustic charm. With 2,240 square feet of thoughtfully designed living space, this property is perfect for those who appreciate quality and character. The main floor features a spacious master bedroom and ensuite bathroom with convenient main floor laundry. The open living area boasts a wood-burning stove, in-floor heat, and a striking vaulted ceiling adorned with galvanized tin. Elegant reclaimed barnwood accents, including basswood restorations, enhance the rustic ambiance. The handcrafted black walnut butcher block countertops, Amish-built, add a touch of craftsmanship to the kitchen. A loft overlooks the inviting living room and kitchen, providing additional space and a unique view. Outside, the property extends over 11.06 acres of picturesque land. It includes a heated shop of 1,755 square feet and 624 square feet of cold storage, perfect for all your projects and storage needs. Additionally, there is a small accessory storage shed behind the home in the back yard. Experience the perfect blend of modern amenities and rustic charm. Great location for homesteader or outdoor enthusiast. Schedule a showing today and make this unique property your new home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.79
Remaining Loan Term
29 years, 7 months
Monthly PITI
$3,626.09/mo
Estimated Loan Balance
$508,242
Cash to close
$57,103
Interest Paid
$14,404

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Boiler, Forced Air, Fireplace(s)
Features
  • Materials: Steel Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning Stove
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Tank with Drainage Field
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Steel Siding
  • Roof: Metal
Condition
  • Year Built: 2024
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Long Prairie

Financial Details

  • Price per Sqft: $252.19
  • Tax Annual Amount: $1656
  • On Market Date: 2025-04-06T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $57,103 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $57,103!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.79% Sellers Rate
$507,797
Your Cash$57,103
Total Purchase Price:$564,900

Assumed vs Traditional Mortgage

Assumed @ 6.79%
$3,321/mo
Traditional @ 7.15%
$3,573/mo
You save $252/month ($3,019/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6698632

Listing From: northstar

Last updated: 2025-04-09T02:48:03.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.79%
7.15%

Principal & Interest

$3,321 /mo
$3,445 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $57,103 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $57,103!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.79% Sellers Rate
$507,797
Your Cash$57,103
Total Purchase Price:$564,900

Assumed vs Traditional Mortgage

Assumed @ 6.79%
$3,321/mo
Traditional @ 7.15%
$3,573/mo
You save $252/month ($3,019/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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